Question
Jimbei Corp. uses the Working Hours Method in computing depreciation. The depreciation rate per hour is P6.40 and total depreciable amount is P800,000. Estimated useful
Jimbei Corp. uses the Working Hours Method in computing depreciation. The depreciation rate per hour is P6.40 and total depreciable amount is P800,000. Estimated useful life in years is 3 years. Total Service hrs is divided into; 25% in the 1st year, 35% in the 2nd year and 40% in the 3rd year.
How much is the depreciation expense for Year 3?
280,000
300,000
320,000
All are members of the Straw hat Pirates, except:
Brook
Luffy
Zoro
Nanami
How much is the depreciation expense for Year 1?
125,000
150,000
175,000
200,000
How much is the depreciation expense for Year 2?
225,000
250,000
280,000
What is the estimated life in terms of service hours?
100,000
110,000
120,000
125,000
need answer asap
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Corporate Finance Core Principles and Applications
Authors: Stephen Ross, Randolph Westerfield, Jeffrey Jaffe, Bradford
3rd edition
978-0077971304, 77971302, 978-0073530680, 73530689, 978-0071221160, 71221166, 978-0077905200
